i-Store unveils asset management software

The Information Store is offering a new asset management solution to the upstream market.

The Information Store (iStore) has just announced its Asset Management System-Production (AMS-P) solution, a web-based application that ‘transforms disparate data into quick-read charts, tables and graphs.’

Irani

iStore president Barry Irani said, ‘E&P companies spend hours assembling terabytes of data which ideally should be thoroughly analyzed. But with so much information in so many different places, this has been virtually impossible. Asset management team members must learn several specialized pieces of software to collect and analyze data and jump from tool to tool and database to database in search of crucial bits of information.’

AMS-P

AMS-P addresses these issues by pulling-in critical information from multiple databases and presenting it in a usable format. AMS-P leverages existing technology investments without moving or reformatting data. AMS-P organizes this information into familiar objects like wells, reservoirs and fields. Data includes production and reserve information, financial statements, lease information, geological and geophysical information, and links to associated legal and business documents. More from www.istore.com.

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